Well, you probably will always believe there should be laws against fraud, and I don’t think there is any need for a law against fraud.
ALAN GREENSPANEnhances a person’s ability to handle the more ambiguous and qualitative relationships that dominate our day-to-day financial decision-making
More Alan Greenspan Quotes
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If I say something which you understand fully in this regard, I probably made a mistake.
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We will have more crises and none of them will look like this because no two crises have anything in common except human nature.
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The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.
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There is no safe store of value. Deficit spending is simply a scheme for the hidden confiscation of wealth.
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It is decidedly not true that “nice guys finish last,” as that highly original American baseball philosopher, Leo Durocher, was alleged to have said.
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We ought to be opening up our borders to skilled labour from all parts of the world because [the state of the world is as follows: ].
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The true measure of a career is to be able to be content, even proud, that you succeeded through your own endeavors without leaving a trail of casualties in your wake.
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I must say, I never expected to see the day where I would be talking about anything other than reducing the debt, I’m running into the tyranny of zero, which is where you can’t reduce (the debt) any more
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No one has ever eliminated any of that stuff.
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At the risk of some oversimplification, if the skill composition of our work force meshed fully with the needs of our increasingly complex capital-stock, wage-skill differentials would be stable.
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And she always has so much fun doing it. We make a good team.
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In the process we have created [a] privileged elite whose incomes are being supported at non-competitively high levels by immigration quotas on skilled professionals.
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Corruption, embezzlement, fraud, these are all characteristics which exist everywhere.
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Greenspan, who knew so much more than most, knew far less than most supposed.
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History demonstrates that participants in financial markets are susceptible to waves of optimism.
ALAN GREENSPAN






